In a recent post on March 1st, Ethereum co-founder Vitalik Buterin lambasted the legal ramifications surrounding non-violent tax offenses, explicitly stating, “Being sentenced to life in prison for non-violent tax
The post Why XRP Is Going Up Today: Key Factors Behind the Surge appeared first on Coinpedia Fintech News In February 2025, the cryptocurrency market witnessed a decline of 20.57%. In the same month, in line with the broader trend, the Bitcoin market dropped nearly 17.5%, Ethereum by 32.2% and XRP by 29.3%. Notably, between February 24 and 26 alone, the crypto market experienced a drop of 12.42%. During the same period, because of the influence of three consecutive red candlesticks, BTC plummeted severely by around 12.48%. However, during the mentioned period, XRP showed a slightly different pattern. Although, on February 24, the XRP price slipped from $2.57 to $2.27, the market, in the very next day, rebounded from $2.27 to $2.32. On February 26, the market, though showcased a bearish outlook, reported a trend less bearish as the February 24 trend. Importantly, in the last 24 hours, the XRP market has registered an impressive growth of 8.4% – far higher than BTC’s 7.8% and ETH’s 5.4%. Has XRP defied the broader downtrend in the crypto market successfully? What will be the next move of XRP? Let’s understand what analysts have to say! XRP Stays Strong While Crypto Market Crashes Yesterday, at one point, the total market cap of the cryptocurrency sector plummeted to a low of $2.55T. On the same day, the price of BTC dropped below the $80,000 range. Although at a point, yesterday, the XRP market slipped to a low of $1.95, at the time of close, it rose above the $2 support level. However, in the last 24 hours, the XRP market has surged by at least 8.4%. XRP Recovers But Faces a Key Resistance At the start of today, the XRP price was around $2.14. Currently, the price stands at around $2.19 – at least 2.33% above the opening price. Despite the recovery, a full rebound is yet to be confirmed. Market analyst Dom says that the XRP market must reclaim $2.20 for a stronger rally. What Happens if XRP Reclaims $2.20? Dom predicts that if the XRP price breaks above $2.20, it could reach as high as $2.40 – or even higher. It is learned that the said level is considered as a borderline between a rally and more consolidation. Risk of XRP Dropping Below $2 Dom also forecasts that if the price of XRP fails to hold the $2 support level, it could slip to lower levels. Indirectly emphasising the importance of closely monitoring developments in the BTC market to gain clarity on the future movements of XRP, Dom notes that if Bitcoin drops to $75,000, it may drag XRP down further. Key Support Levels If XRP Declines Interestingly, crypto analyst Ali Martinez states that there is a strong support in the XRP market at $1.65. He also points out that the market is still inside an ascending price channel that started last year. Bullish Prediction: Could XRP Reach $5 or $8? Importantly, crypto analyst Dark Defender suggests that XRP has likely bottomed out. Pointing out that the XRP market hit the lowest Fibonacci level of a corrective fourth wave, he asserts that the XRP market is likely to witness the start of a fifth wave in the near future. He predicts that if this happens, XRP could reach as high as $5 or even $8.
Solana (SOL) has seen a significant price recovery, buoyed by strong trading volumes and the upcoming launch of futures contracts. This recent uptick has led to increased interest from whale
Solana's price is impacted by large withdrawals from whale wallets. AVAX is struggling at critical support levels after recent losses. Continue Reading: Big Whales Impact Solana and Avalanche Prices: What’s Next? The post Big Whales Impact Solana and Avalanche Prices: What’s Next? appeared first on COINTURK NEWS .
Meme coins are not securities. That’s the official word from the U.S. Securities and Exchange Commission (SEC). Instead of treating them like stocks or investment contracts, the SEC sees meme coins as collectibles—more like Beanie Babies than financial assets. And that’s a game-changer for the crypto space. For years, meme coins have lived under the shadow of uncertainty. Regulators have been poking around, trying to decide if they fall under securities laws. Now, with this latest decision, meme coin enthusiasts can breathe a little easier. And with the Meme Index ($MEMEX) making it easier to invest in the meme coin market, there’s a new way for investors to capitalize on this booming sector. Why This SEC Decision Matters Under former SEC Chair Gary Gensler, the commission had a reputation for going after anything that smelled like unregistered security. That included crypto projects of all shapes and sizes. With this ruling, the meme coin industry dodges a major regulatory bullet. This means meme coins—like Dogecoin, Shiba Inu, and new crypto players—can thrive without the SEC constantly looking over their shoulders. For investors, this brings some much-needed clarity. They don’t have to worry about their favorite meme tokens suddenly getting delisted or tangled in a legal battle. Let’s be real—meme coins were never really about securities in the first place. People buy them for fun, speculation, and sometimes, because a dog or frog on the internet made them laugh. Meme Coins: The Beanie Babies of Crypto? The SEC’s comparison to Beanie Babies is oddly fitting. In the late ‘90s, people collected and traded Beanie Babies like they were gold. Prices shot up, with rare ones selling for thousands of dollars. But at no point did the U.S. government decide they were securities. Meme coins work in a similar way. Their value often comes from community hype, internet culture, and sheer randomness. Some become wildly valuable, while others fade into obscurity. It’s all part of the game. Unlike traditional investments, meme coins aren’t backed by earnings reports or company profits. They’re driven by memes, FOMO, and a good dose of “why not?” The SEC finally recognizing this is a big deal for the industry. The First Meme Index: Enter $MEMEX With meme coins getting a green light from regulators, the market is ripe for new opportunities. That’s where Meme Index ($MEMEX) comes in. It’s designed as a simple yet effective way for investors to gain exposure to multiple meme coins at once, rather than betting on a single token. Just like how a stock index tracks a group of stocks to give investors broader market exposure, Meme Index operates as a crypto-native version of that concept, bundling together different meme coins into one tradable asset. This approach allows investors to minimize risk while still participating in the volatile and often wildly unpredictable world of meme coins. Instead of having to research and track individual tokens—many of which experience massive price swings—investors can hold $MEMEX and gain exposure to a curated selection of trending and potentially high-growth meme coins. This removes the need to make individual picks while ensuring investors are still part of the hype cycles that drive meme coins to explosive valuations. What $MEMEX Does and How It Works Meme Index ($MEMEX) offers investors a structured way to gain exposure to the meme coin market without the need to track or select individual tokens. Rather than making separate investments in multiple meme coins, holding $MEMEX allows investors to benefit from a diversified portfolio of trending meme assets. Currently, one $MEMEX token is valued at approximately $0.0166883, reflecting the latest pricing . The project has already gained significant traction, raising $3.8M during its presale phase. This strong investor interest suggests confidence in the concept of a meme coin index as a viable investment strategy. By simplifying access to multiple meme coins, Meme Index provides a way to engage with the speculative nature of the meme coin space in a more diversified and strategic manner. Instead of attempting to predict which individual meme coins will go viral, investors can gain exposure to a broad selection of them through $MEMEX, reducing the risks associated with betting on single assets. A New Era for Meme Coins? The SEC’s ruling removes a huge regulatory risk from the equation. Meme coins can now thrive without fear of sudden crackdowns. With Meme Index ($MEMEX) making it easier to invest in the meme coin market, the space is set for even more growth. Whether you see meme coins as the next big thing or just a fun way to speculate, one thing is clear—they’re here to stay. And now, they’ve got the SEC’s unofficial blessing. Remember that this is not financial advice—always do your own research (DYOR) before investing in any cryptocurrency .
This week’s market correction has seen Bitcoin (BTC), the largest cryptocurrency by market capitalization, retest some of its key support levels. As the price starts to recover from the recent lows, some analysts consider the weekend might bring some bullish relief for investors. Related Reading: Ethereum Drop Coming? ETH Risks Fall To $2,180 If This Support Fails – Analyst Bitcoin Recovers From $78,000 Drop Bitcoin has experienced significant selling pressure over the last week, fueling doubts about a potential market top. The flagship crypto has dropped 21% from last week’s high of $99,000, dipping below the $80,000 level for the first time since November. The correction also saw BTC drop nearly 30% from its January all-time high (ATH) and trade below its post-US election price range. A week after the market bleeding started, Bitcoin hit a new three-month low, retesting the $78,000 support on Friday morning. Various market watchers noted that BTC’s most recent decline reached and partially filled its November 2024 CME Gap between $78,000 and $80,700. Rekt Capital pointed out that Bitcoin is experiencing a “strong rebound against the partially filled CME Gap and is doing so on above-average seller volume.” The flagship crypto has surged around 7% from today’s lows, hovering between the $83,000 and $84,000 support zone for the past few hours. To the analyst, the CME Gap support and sell-side volume will be two key indicators to pay attention to over the weekend as constant, uninterrupted BTC sell-side pressure is unsustainable, and seller exhaustion potentially accelerates in the next few days. Bitcoin is finally starting to experience above-average seller volume. There’s still scope for more seller volume to come in, but the chances of Seller Exhaustion occurring are increasing. And Seller Exhaustion tends to precede price reversals. Is A Weekend Rebound Coming? Crypto analyst Jelle highlighted that Bitcoin has done “three drives in deeply oversold territory” this week and is retesting the local lows before today’s drop, which suggests that a “weekend relief seems likely.” The analyst stated that reclaiming the $84,500 support is key for BTC’s recovery as “the past two retests ended up resulting in new lows.” Nonetheless, he noted that today’s rebound seems different due to BTC “touching the 200-ema cluster” for the first time this week and breaking above it. To Jelle, this could signal an “interesting weekend,” with the new CME Gap at $93,000 open. Rekt Capital pointed out that Bitcoin “has filled every CME Gap that has formed since mid-March 2024” and that only the newly formed CME Gap between $92,800 and $94,000 remains open after this retrace. If BTC continues this pattern, the price could see a rebound to fill the new gap soon. Related Reading: Memecoin Scam Alert: Pump.Fun X Account Hacked, Promotes Fake PUMP Token The analyst has outlined two potential scenarios for BTC’s current “downside deviation.” According to the post, Bitcoin’s price could revisit $93,500 by the end of the week if the deviation “is to end up as a downside wick.” Meanwhile, if the deviation is “to end up as the Post-Halving deviation featuring Weekly Candle Closes below the Re-Accumulation range,” BTC’s price could revisit the $93,500 level in the next two to three weeks as “part of a post-breakdown relief rally.” As of this writing, Bitcoin trades at $85,120, a 0.5% increase in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
SOL's price has recovered somewhat, but are more gains on the way?
Bitcoin (BTC) and Solana (SOL) once again in the spotlight as it surges toward new all-time highs. This bullish momentum has investors looking for the next altcoins poised for explosive growth. While XRP remains a strong pick, a handful of altcoins, including OFFICIALMAGACOIN could deliver 10x gains or more in the coming months. Why OFFICIALMAGACOIN Stands Out from the Crowd Exclusive Early-Stage Investment Unlike MATIC, ETH, APT, and INJ, which are already widely available on major exchanges, OFFICIALMAGACOIN is currently in its presale phase. This exclusive availability offers early investors a massive advantage before mainstream adoption kicks in. High-Upside Potential at a Low Entry Price Priced under $0.20, OFFICIALMAGACOIN presents one of the best risk-to-reward ratios in the market. Many experts believe this early-stage gem could replicate the growth of Bitcoin’s early investors. THE NEXT 1000X CRYPTO – CLICK HERE TO JOIN N OW! How OFFICIALMAGACOIN Compares to Other Top Altcoins Bitcoin (BTC): The leader, but 10x growth is unlikely at this stage. XRP: A strong performer, but not an early-stage opportunity. Polygon (MATIC): A top Layer-2 network but already well-established. Ethereum (ETH): A market leader but faces increasing competition. Aptos (APT): A promising blockchain, but not as exclusive as OFFICIALMAGACOIN. Injective (INJ): A growing DeFi powerhouse, yet OFFICIALMAGACOIN offers more early-stage potential. Act Fast Before Prices Skyrocket! With over $3 million already raised, OFFICIALMAGACOIN is gaining rapid traction. As more investors pile in, prices are expected to climb, making this a rare opportunity to get in early. LIMITED TIME ONLY! USE PROMO CODE MAGA50X TODAY FOR A 50% EXTRA BONUS! Get a 50% Bonus with Code MAGA50X! For a limited time, investors can increase their holdings by 50% using promo code MAGA50X , making this the perfect time to invest. CLICK HERE to Secure Your OFFICIALMAGACOIN Tokens Now! Website: OFFICIALMAGACOIN Twitter/X: https://x.com/officialMAGAx Continue Reading: 2025’s Crypto Leaders? BITCOIN, SOLANA, and OFFICIALMAGACOIN Are Heating Up—10X Incoming!
President Trump will host the first White House Crypto Summit on March 7, bringing together industry leaders to discuss regulations, stablecoins and Bitcoin reserve legislation.
Tremendous amount of meme coins has been burned over past month